Credit Suisse Publishes Delayed 2022 Report After SEC Talks End

by user

By Joshua Kirby

Credit Suisse Group AG on Tuesday published its annual report for last year, and confirmed previous years’ financial results, after a delay amid discussions requested by the U.S. Securities and Exchange Commission.

The Swiss lender had been due to release the report last week, but delayed the publication following a request from the SEC on how the bank recorded its cash flows in the past.

The discussions are now complete, Credit Suisse said.

The bank, meanwhile, set out the agenda for its annual shareholders’ meeting, to be held next month. The resolutions included the re-election of Axel P. Lehmann as chairman of the board, as well as the re-election of all current board members, and a proposed dividend of 5 Swiss cents (5.5 U.S. cents) a share.

Write to Joshua Kirby at; @joshualeokirby

Source link

Related Posts

Leave a Review

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy